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#US DOLLAR ANALYSIS The US dollar is consolidat.....

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Owais Paracha
(@ishmaria)
Noble Member Admin Pro
Joined: 3 months ago
Posts: 690
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#US DOLLAR ANALYSIS

The US dollar is consolidating within a descending triangle and is currently trading above the horizontal demand zone. The Ichimoku Cloud is indicating a bearish outlook, but a bounce from the demand zone is still possible.

To confirm the next move, we need to wait for a decisive breakout or breakdown. It's also worth noting that the US dollar often has an inverse relationship with the cryptocurrency market.nnForwarded from: The Crypto ExpressnnForwarded from Telegram. NFA! DYOR!


   
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